Volkswagen invests in EU-backed energy transformation fund

The move is in line with other steps by Volkswagen, which in September unveiled plans to set up its own 300 million euro ($348 million) venture capital fund to invest in decarbonisation projects and start-ups in the field. Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms… Continue reading Volkswagen invests in EU-backed energy transformation fund

Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…

BMW logo is seen during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. REUTERS/Wolfgang Rattay Q3 net profit 2.58 bln euros vs forecast 2.38 bln Q3 deliveries fell 12.2%, but revenues up 4.5% Q3 autos EBIT margin 7.8% BERLIN, Nov 3 (Reuters) – Higher prices and strong electric vehicle sales helped… Continue reading Autos & Transportation · 8:07 AM UTCBMW offsets lower deliveries with higher prices, EV salesHigher prices and strong electric vehicle sales helped Ge…

Autos & TransportationVolkswagen invests in EU-backed energy transformation fund8:08 AM UTC

A new logo of German carmaker Volkswagen is unveiled at the VW headquarters in Wolfsburg, Germany September 9, 2019. REUTERS/Fabian Bimmer FRANKFURT, Nov 3 (Reuters) – Volkswagen (VOWG_p.DE) is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carmaker, which has committed… Continue reading Autos & TransportationVolkswagen invests in EU-backed energy transformation fund8:08 AM UTC

@VW Group: 2Nov Italdesign kicks Nissan GT-R50 by Italdesign delivery off Entirely developed and assembled in Moncalieri (Italy), they celebrate both Italdesig…004129

The Nissan GT-R 50 by Italdesign are about to leave Italdesign plant in Italy to reach their respective owners worldwide. Collaboration with Nissan started back in 2018 to celebrate both Italdesign’s and GT-R’s 50 year-anniversaries. These first cars, out of a limited production of 50 units, were assembled by hand by Italdesign professionals in Turin,… Continue reading @VW Group: 2Nov Italdesign kicks Nissan GT-R50 by Italdesign delivery off Entirely developed and assembled in Moncalieri (Italy), they celebrate both Italdesig…004129

@VW Group: 29Oct Davide Casini is Italdesign new CTO He will take on the position of Italdesign Chief Technical Officer as of November the 1st004128

He will take on the position of Italdesign Chief Technical Officer as of November the 1st Davide Casini will take on the position of Italdesign Chief Technical Officer as of November the 1st, 2021, succeeding Antonio Casu recently appointed Chief Executive Officer. Davide, 48, joined Italdesign in 1999 and since then he has continued to… Continue reading @VW Group: 29Oct Davide Casini is Italdesign new CTO He will take on the position of Italdesign Chief Technical Officer as of November the 1st004128

@VW Group: Bugatti Rimac: Bugatti and Rimac begin Cooperation in a New Company004128

Bugatti repositions itself for the future. Today, on November 2, 2021, the “Bugatti Rimac” joint company project gets underway – only four months after the initial announcement. With it, Bugatti, Rimac and Porsche mark the beginning of a new chapter in automotive history. As shareholders, the Rimac Group holds 55 percent of the shares, while… Continue reading @VW Group: Bugatti Rimac: Bugatti and Rimac begin Cooperation in a New Company004128

KDOT plan calls for electric vehicle charging stations in NW Kan. – Hays Post

(Photo by Pixabay) KDOT TOPEKA — The Kansas Department of Transportation is announcing a Request for Proposals to install electric vehicle charging stations along the state’s most traveled highways. Included is Interstate 70 in the areas of Oakley/Grainfield/Grinnell, WaKeeney and Russell. This RFP is the next step toward administering approximately $2 million of the state’s… Continue reading KDOT plan calls for electric vehicle charging stations in NW Kan. – Hays Post

@VW Group: Note for editors: ||The successful ID. family continues to grow: World premiere for the ID.5 and the ID.5 GTX004123

On November 3rd, Volkswagen presents its first E-SUV coupé, the all-electric top model with premium features based on the modular electric drive matrix (MEB). The new ID.5 and the sporty ID.5 GTX with dual-motor all-wheel drive inspire with expressive design, long-distance capability and the latest software generation. Volkswagen is transforming into the direction of electrification… Continue reading @VW Group: Note for editors: ||The successful ID. family continues to grow: World premiere for the ID.5 and the ID.5 GTX004123

@VW Group: ŠKODA AUTO achieves stable operating profit in the first three quarters, major burdens for the remainder of the year004123

“Since the third quarter, the semiconductor shortage and the limited availability of parts due to bottlenecks in the automotive supply chains have been a bitter setback for ŠKODA AUTO’s strong growth trajectory. Despite high demand and high order backlogs for our successful products, we have had to cut back our production. Against this background, however,… Continue reading @VW Group: ŠKODA AUTO achieves stable operating profit in the first three quarters, major burdens for the remainder of the year004123

October 2021 sales: PVs marred by supply constraints, 2Ws in red, CV sales improve

The top two carmakers of the Indian auto industry reported a fall in domestic sales ranging from 30 per cent. New Delhi: Diwali is here and so is hope for a better business for the automotive OEMs. Normally, the festive season sales account for about 40% of the annual vehicle sales. But this year the… Continue reading October 2021 sales: PVs marred by supply constraints, 2Ws in red, CV sales improve